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30117867
30117886

388 384 Child Street, Warren, RI 02885

MR
RI REB.0017244, MA 1000347
Ri Real Estate Services
Listed by Ri Real Estate Services
$899,000
90 days on market
Updated 9 days ago

388 384 Child Street

Details
APN 388384CHILDSTWARN
Property Type Mixed Use, Multifamily (+2)
Sub Type Apartment Building, Residential (+7)
Square Footage 4,389
Net Rentable (SqFt) 4,389
Units 4
Occupancy 100%
Price per SqFt $205
Broker Co-Op Yes
Year Built 1880
Year Renovated 2020
Buildings 2
Stories 3
Acreage 0.600
Zoning VB
Parking Spaces 25 spaces
Parking Per SqFt 5.70
Investment Type Value Add
Ownership Single

4 Units & Vacant Lot

Marketing description

Value Add Investment Alert! Amazing offering in the heart of Warren. This multifaceted property has a ton of potential for increased revenue & development. The property currently features a three family Victorian, a single family Colonial and a vacant lot which previously had a house on it as such is likely easily built upon. In addition there is ample land area behind the existing homes for another potential Cottage, ADU, Garage, etc. The first building: 388 Child is an attractive three family Victorian with sizable 2-3 bedroom units on the 1st & 2nd floors and a 1 bedroom unit on the 3rd floor. The character and charm that abound this Victorian are endless & irreplaceable. The second building: 384 Child is a beautiful Colonial with soaring ceilings and charming period details. This home offers 4 bedrooms and is ready to be restored to its original glory. All units offer separate electric, gas and water utilities. The vacant lot to the left of 384 Child already has a curb cut, all public utilities available and will likely provide a building site for another single or two family home. The excess land behind the existing structures adds another value add aspect of this dynamic offering. Zoned Village Business the possibilities are endless. Also being offered with 367 Child (2 unit commercial building), 373 Child (2 family), 377 Child (mixed use building) & an oversized detached garage for $1.499m (MLS# 1406004). Call/text/email agent for more details. Opportunity is knocking!

Investment highlights

3 Family Victorian

Single Family Colonial

Vacant Lot

Excess Land

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Listing Contacts

MR
RI REB.0017244, MA 1000347
Ri Real Estate Services
Listed by Ri Real Estate Services

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Additional Information

Name
Michael Russo
License
REB.0017244
Brokerage
RI Real Estate Services
Title
Real Estate Broker
Brokerage Address
631 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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